ORI showcases the performance of its serviced residence investment portfolio purchased through the IP Program, having opened 2 years ago with over 2,000 units sold. The goal is to increase this to 5,000 units in the next 2 years. Recently, investors were invited to experience a new way of generating consistent income through a Pool Dividend for 10 years* with the investment property project Origin Place Bangna by Hampton, a luxury serviced apartment located in the ORIGIN SMART COMPLEX BANGNA, the most comprehensive mixed-use kingdom on Bangna-Trad Road, a new business hub and gateway to the EEC, an area attracting investments worth hundreds of billions from both public and private sectors.

Mr. Siripong Srisawangwong, CEO of Investment Property at Origin Property Public Company Limited (ORI), revealed the strong market response to the purchase of condominium units and serviced apartments for investment through the Investment Property Program (IP Program), managed by a professional team from Hampton Hotel & Residence Management (HHR). Over the past 2 years, more than 2,000 units have been sold across 10 projects through this system, leading the company to set a target of 5,000 units in the next 2 years (2024-2025), along with plans to list HHR on the MAI stock exchange.

The first investment property project fully integrated into the IP Program is Hampton Sriracha, a luxurious 5-star serviced apartment valued at 1.4 billion baht, a joint venture between ORI and the Dusit Thani Group. The latest property being marketed and sold through the IP Program is “Origin Place Bangna,” a luxury serviced apartment located within the ORIGIN SMART COMPLEX BANGNA, a comprehensive mixed-use project on Bangna-Trad Road. Once completed, it will become THE NEW LANDMARK IN BANGNA, perfectly catering to the lifestyle needs of the new generation, situated in a business hub and gateway to the EEC, an area with investments worth hundreds of billions from both public and private sectors.

Mr. Siripong further stated that the IP Program is a new concept for real estate investment, specifically designed for investors. Those purchasing units in the project will gain ownership rights to the title deed, allowing for resale or inheritance, and can also use it as collateral for loans. After purchase, HHR will manage the property, find tenants, and provide customer service with international hotel standards, while also offering continuous dividends for 10 years per contract, with the option for other operators to compete for service contracts after the initial 10 years.

This investment will be based on a mutual agreement through the ‘Mutual Agreement Program,’ where income and expenses are shared collectively, known as Pool Dividend. HHR will manage all operations, reducing the burden on investors, as follows:

• Owners do not need to invest additional funds for decoration or rental equipment.

• Owners do not need to pay for maintenance, utility meters, internet, or repair costs.

• Owners do not bear the risk of management costs, employee salaries, and material expenses.

HHR will take care of these expenses and assume the risks in exchange for a service fee included in the rental income, such as a 5% fee and 1% insurance.

“After investing, clients can simply wait for rental income to be deposited into their bank accounts every month. The risks are nearly eliminated, and the long-term investment properties will continue to appreciate in value,” Mr. Siripong stated, emphasizing that investing in real estate through the IP Program is a genuine investment for change. The returns or dividends from the investment will vary depending on the location of the property, for example, properties in urban areas like Thonglor or Sukhumvit 24 can command rental prices of 800-900 baht per square meter, while those in provincial areas are around 300-400 baht per square meter.

The latest investment property being marketed and sold to investors through the IP Program is “Origin Place Bangna,” a luxury serviced apartment located in the ORIGIN SMART COMPLEX BANGNA, which has received positive feedback from investors, with 399 units expected to sell out quickly. The marketing and sales team, along with the Origin Group, has partnered with nearly 50 agents to penetrate the foreign rental market in anticipation of the country's reopening, targeting multinational corporations establishing operations in Thailand's industrial estates.

Historically, 65-70% of tenants have been foreigners conducting business in Thailand or long-term investors, who typically rent on a monthly basis, while the remaining 30-35% are local businesspeople. “ORIGIN SMART COMPLEX BANGNA” is a project situated on an 8-rai plot along Bangna-Trad Road, the most comprehensive mixed-use project in the Bangna-Trad area, comprising a 200-key hotel, 30,000 square meters of smart office space, retail areas, 375 condominium units, and 399 serviced apartment units, with a total project value of 4 billion baht. Construction is set to begin in 2023 and is expected to be completed by 2025.

The ORIGIN SMART COMPLEX BANGNA project stands out for its development concept, comprehensive amenities, and prime location adjacent to two interchange stations, just 0 meters from the yellow line skytrain station at Si Iam and the Light Rail Train (LRT) leading to the airport.

Additionally, the Bangna area is known as the gateway to the Eastern Economic District (EBD), and Origin is confident that in the next 5-6 years, it will be filled with business and residential opportunities. This area, “Bangna,” is a potential new CBD surrounded by super mega projects such as The Bangkok Mall, Mega City Bangna, True Digital Park Phase 3, WHA Bangna Business Complex, AIA East Gateway, and the expansion of Suvarnabhumi Airport phases 2, 3, and 4, which will accommodate over 90 million passengers annually. These large-scale projects from both public and private sectors will drive business opportunities in Thailand, making Bangna a golden location, as land and property prices continue to rise every year.

For investors interested in the IP Program with the “Origin Place Bangna by Hampton,” the only serviced apartment located on Bangna-Trad Road, opposite Central Bangna and close to two skytrain lines, investment units start at 3.59 million baht*. For appointments or further inquiries, please contact the sales office of the Origin Place Bangna project or call 020 300 000.